May 9, 2008

House approves help to troubled borrowers

Washington

The House approved two housing measures Thursday including a major rescue bill that would establish a $300 billion fund for mortgage insurance.

Pew project pushes account standards for underserved

CU/System

A new project aimed at helping U.S. workers who are underserved by mainstream financial institutions was announced Wednesday by The Pew Charitable Trusts.

HSA hearing coming

Washington

Rep. Pete Stark (D-Calif), chairman of a House Ways and Means subcommittee on health, has scheduled a hearing on Health Savings Accounts (HSAs) and high-deductible health plans (HDHPs).

Governor to Ohio CUs: Keep making a difference

CU/System

Ohio's credit unions provide vital financial services and help to millions of Ohioans to realize their dreams of home ownership, maintain a healthy family and sustain a sound budget, said Ohio Gov. Ted Strickland.

NCBA: Celebrate co-op principles as a business advantage

CU/System

Credit unions need to celebrate their cooperative principles, which represent a significant business opportunity in a world in which people are yearning for something with which to connect, said Paul Hazen, president/CEO, National Cooperative Business Association, at the Ohio Credit Union System ZENITH08 conference.

H&FF Radio guest puts subprime shakeout in perspective

Consumer

Getting a handle on the subprime mortgage crisis isn't easy, but the bottom line is that millions of families are at risk of losing--or already have lost--their homes. One of the guests on this Sunday's H&FF Radio show helps put the problem in perspective.